PETALING JAYA: AirAsia X Bhd’s (AAX) net profit for the fourth quarter ended Dec 31, 2017 more than doubled to RM84.41 million from RM39.01 million a year ago, due mainly to foreign exchange gains. The group recorded revenue of RM1.22 billion for the quarter, 4% higher than the RM1.17 billion achieved in the same quarter a year ago. It was supported
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PETALING JAYA: UOA Development Bhd’s earnings dropped 44.6% to RM191.8 million for the fourth quarter ended Dec 31, 2017, from RM346 million in the previous corresponding quarter, mainly due to the absence of fair value adjustments in the current quarter. Revenue declined 26.4% to RM199.27 million, compared with RM270.64 million in the same period in 2016.
UOA has recommended
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PUTRAJAYA: Malaysia is hoping for Asean to make a collective stance against the European Union (EU) parliament decision to phase out palm oil from its biofuel programme by 2020, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. He said this is evident from the increasing number of palm oil exports from countries in the region
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KUALA LUMPUR, Feb 21 — UOA Development Bhd's net profit for the financial year ended Dec 31, 2017 (FY17) fell to RM491.18 million from RM676.72 million registered in 2016. Revenue, however, rose to RM1.08 billion from RM996.19 million previously, it said in a filing to Bursa Malaysia today.
In the fourth quarter of FY2017, net profit decreased to RM191.79 million
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The Reserve Bank of India has set up a panel to study and recommend ways to prevent bank frauds. — File picMUMBAI, Feb 21 — India’s central bank set up a panel to study and recommend ways to prevent the increasing incidents of frauds in the banking system after the nation’s second-largest state lender alleged that a diamond merchant had fraudulently
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